Modern Monetary Theory - A Primer

Modern Monetary Theory (MMT) is a controversial way of describing the monetary system that gets attacked by conservatives and left-wingers alike. In this video I'll show you why it's a really good idea to learn the basic concepts of MMT, and how it opens your imagination around money. I'll also show you that while conservatives claim to hate MMT, they 'do' it all the time

CHAPTERS
0:00 Introduction
1:05 History: against the commodity theory of money
2:49 MMT basics
3:58 The state as an oak tree
5:11 Tax as the foundation of money
6:49 Tax to reduce inflation
7:54 MMT as description vs. prescription
10:55 MMT and inflation
11:53 MMT as beyond left and right wing
12:33 State spending is money creation
14:20 What does it mean to ‘do’ MMT?
16:52 Why do libertarians get triggered by MMT?